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Deals of the Hour / October 21, 2010, 3:40 am

In goof, Ark Supreme Court candidates left off Union County ballot after early voting starts

EL DORADO, Ark. (AP) — A runoff for a position on the Arkansas Supreme Court was left off ballots in Union County, where officials are scrambling to print paper ballots and offer the full version to the 1,000 people who already voted. The non-partisan ... (Source: WREG 2010-10-20T13:37:54Z)

Citi boosts Wall St but IBM, Apple slide after close

NEW YORK (Reuters) - U.S. stocks advanced on Monday as stronger-than-expected profit from Citigroup helped financial shares shake off worries that the foreclosure mess could threaten the stability of the housing market. Apple Inc ( AAPL.O ), which hit an ... (Source: Reuters 2010-10-19T02:47:41Z)

Wall Street bounces with dollar, earnings

By Edward Krudy NEW YORK (Reuters) - Wall Street bounced back on Wednesday as a fall in the dollar spurred buying in industrial and commodity-linked shares, while another batch of strong corporate earnings added to gains. Equities and the greenback have ... (Source: msnbc.com 2010-10-20T20:33:05Z)

Apple Refocuses on Mac With Lighter MacBook Air, Lion Software

Oct. 20 (Bloomberg) -- Apple Inc. Chief Executive Officer Steve Jobs unveiled a lighter MacBook Air laptop and a version of the Macintosh operating system called Lion, adding features that make the company's computers more like its mobile devices. Macs ... (Source: BusinessWeek 2010-10-20T21:37:31Z)

Novartis's Offer for Alcon Is More Attractive Now, Jimenez Says

Oct. 21 (Bloomberg) -- Novartis AG indicated Alcon Inc. shareholders should take another look at its $11.5 billion buyout offer now that an increase in the Swiss drugmaker's share price and a rally in the franc have lifted the value of the bid. Novartis ... (Source: BusinessWeek 2010-10-21T08:14:36Z)

AR Supreme Court left off ballot in Union County

EL DORADO, AR (AP) - A runoff for a position on the Arkansas Supreme Court was left off ballots in Union County, where officials are scrambling to print paper ballots and offer the full version to the 1,000 people who already voted. The non-partisan runoff ... (Source: Kait 8 2010-10-20T13:59:23Z)

Clayton S. Rose Elected to Freddie Mac's Board of Directors

MCLEAN, Va. , Oct. 14 /PRNewswire-FirstCall/ -- Freddie Mac (OTC Bulletin Board: FMCC.ob - News ) announced that Clayton S. Rose , Professor of Management Practice at Harvard Business School and veteran executive in the financial services and investment ... (Source: Yahoo Finance 2010-10-14T20:18:44Z)

Apple: At 'Back to the Mac' event, Jobs shows new version of iLife

Apple CEO Steve Jobs has taken the stage at his company's Cupertino headquarters this morning to show "what's new for the Mac," including a new version of Apple's iLife software. At the event, Chief Operating Officer Tim Cook said the Mac has accounted for ... (Source: San Jose Mercury News 2010-10-20T17:48:27Z)

Canadian Province Sees No Benefit From BHP's Potash Bid

REGINA, Saskatchewan (Reuters) - The government of Saskatchewan said on Wednesday it still sees no "net benefit" from a BHP Billiton takeover of Saskatchewan-based Potash Corp , a position that could derail BHP's $39 billion offer for the fertilizer giant ... (Source: ABC News 2010-10-20T19:00:02Z)

MetroPCS offering 4G LTE in Detroit

Today MetroPCS announced that it is now offering its 4G LTE network in Detroit, Michigan. Detroit will join Las Vegas and Dallas-Forth Worth as the third MetroPCS 4G LTE network. MetroPCS will offer the Samsung Craft 4G LTE phone in its stores for $299 ... (Source: MobileBurn 2010-10-20T12:19:10Z)

UPDATE: Novartis's Net Profit Up Despite Health Reform Impact

ZURICH -(Dow Jones)- Novartis AG (NVS) Thursday reported a 10% rise in third-quarter net profit but tempered forward expectations, saying global health care reforms are set to depress pricing levels which the Swiss drug giant wants to offset by using tight ... (Source: Smart Money 2010-10-21T09:26:11Z)

UPDATE 4-Apple shows off iPad-inspired Mac laptop

"It's that missing link between the tablet future and the existing notebook," he said. Jobs also showed off a new version of Mac operating software, which the company will release next summer. Nicknamed "Lion," it includes an improved "iLife" multimedia ... (Source: Reuters 2010-10-20T21:51:50Z)

Salient Stills Adds Jean-Philippe Fortier as Regional Sales Manager for Europe

Salient Stills, the leader in video forensics and image enhancement, today announced the addition of Jean-Philippe Fortier as Regional Sales Manager for Europe. In this position, Fortier will manage sales of Salient Stills' VideoFOCUS PRO video forensics ... (Source: Melodika.net 2010-10-20T20:25:56Z)

UPDATE 1-Novartis Q3 tops poll, new products sell well

ZURICH, Oct 21 (Reuters) - Novartis ( NOVN.VX ) stuck to its full-year sales guidance after posting a better-than-expected 16 percent rise in third-quarter core earnings thanks to strong demand for its recently launched drugs. The Swiss drugmaker, which is ... (Source: Reuters 2010-10-21T09:26:11Z)

US-Saudi arms deal ripples from Iran to Israel

As American and Saudi officials spent months quietly hammering out a wish list for a mammoth sale of American warplanes and other weapons to the oil-rich kingdom, leaders in Iran were busy publicly displaying their advances in missiles, naval craft and air ... (Source: AP - msnbc.com 2010-10-21T09:54:49Z)

White House notifies Congress of $60 billion proposed arms deal with Saudi Arabia

WASHINGTON -- The Obama administration formally notified Congress on Wednesday of plans to sell Saudi Arabia up to $60 billion worth of arms in a deal aimed at bolstering regional defenses against an ascendant Iran. The agreement, which will stretch out ... (Source: Lexington Herald-Leader 2010-10-21T10:01:58Z)

ANALYSIS - Australian firms forced into deals abroad

As in supermarkets, most industries have two to four dominant players, whether financial services, mining, airlines, beverages or pathology. As a result, many companies in those markets are looking to Asia and further afield to expand. Woolworths, whose ... (Source: Reuters India 2010-10-21T07:38:48Z)

Famous Uncle Al's Hot Dogs & Grille, Inc. Appoints New Member to Board of Directors

TEMPE, Ariz., Oct. 20 /PRNewswire-FirstCall/ -- Famous Uncle Al's Hot Dogs & Grille, Inc. (OTC Bulletin Board: FDOG) is pleased to announce the addition of Randall Capps to our Board of Directors. Randall Capps, the largest single shareholder has been in ... (Source: Forbes 2010-10-20T18:17:05Z)

FNDS3000 Corp Announces Execution of $2.5 Million Equity Financing Agreement

JACKSONVILLE, Fla. , Oct. 20 /PRNewswire-FirstCall/ -- FNDS3000 Corp (OTC Bulletin Board: FDTC.ob - News ), an international prepaid processing company currently introducing electronic payment solutions to the South African market, today announced the ... (Source: Yahoo Finance 2010-10-20T13:16:26Z)

Big Hurdles in Canada for BHP's Potash Bid

BHP Billiton 's hostile bid for Potash Corporation of Saskatchewan has hit a regulatory snag that may derail the proposed $38.6 billion deal before shareholders have their say on the matter. Talks between BHP and the government of Saskatchewan apparently ... (Source: New York Times Blogs 2010-10-20T23:39:12Z)

Wireless war heats up as 4G network rolls out in metro Detroit

The race is on to woo metro Detroiters to the next generation of wireless service. MetroPCS Communications Inc. today announced the metro Detroit launch of a 4G wireless service, becoming the first major carrier to locally deploy the fourth-generation Web ... (Source: Crain's Detroit Business 2010-10-21T07:03:01Z)

Saudi Arabia to buy aircraft worth $60B in largest U.S. arms deal

As telegraphed last month , the Pentagon today notified Congress it plans to sell Saudi Arabia up to $60 billion in advanced fighter jets and attack helicopters, the largest-ever U.S. arms deal. The 10-year contract is being pitched as necessary to counter ... (Source: USA Today 2010-10-20T22:56:15Z)

Biz Break: Meet Apple's new MacBook Airs; plus: an app store for your Mac

Today: Apple CEO Steve Jobs shows off new MacBook Air notebooks and software that makes the Mac work more like an iPad or iPhone. Plus: Netflix, eBay earnings. Apple CEO Steve Jobs today showed off the Cupertino Mac and "i" device maker's newest notebook ... (Source: San Jose Mercury News 2010-10-20T20:33:05Z)

MetroPCS Launches LTE in Detroit

MetroPCS Communications today added Detroit to its list of commercial LTE deployments, joining Las Vegas and Dallas with monthly plans starting at $55, including taxes and regulatory fees. In conjunction with the network launch, MetroPCS will offer ... (Source: Wirelessweek.com 2010-10-20T17:19:49Z)

Bank of America Announces Dividend Payment Date Correction

world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The ... (Source: PR Inside 2010-10-20T19:57:18Z)

Canadian province sees no net gain from BHP-Potash deal

REGINA/OTTAWA (Reuters) - Saskatchewan dismissed on Wednesday the idea that a hostile offer from mining giant BHP Billiton ( BHP.AX ) for provincial crown jewel Potash Corp would bring net benefits, playing up an argument that the federal government could ... (Source: Reuters 2010-10-20T21:08:53Z)

Australian firms forced into deals abroad

ACCC Chairman Graeme Samuel has defended the watchdog's decisions, saying critics arguing the commission was being too tough were using the same figures as those who last year said it was being too lax. As in supermarkets, most industries have two to four ... (Source: Reuters UK 2010-10-21T08:21:45Z)

Ark. Supreme Court left off ballot in Union County

A runoff for a position on the Arkansas Supreme Court was left off ballots in Union County, where officials are scrambling to print paper ballots and offer the full version to the 1,000 people who already voted. The non-partisan runoff featuring Circuit ... (Source: Today's THV 2010-10-20T15:25:17Z)

LIVE ANALYSIS: Apple's Mac Event

Apple CEO Steve Jobs is on stage at the company's HQ, about to unveil a new MacBook Air . We are watching Apple's live stream , summarizing and analyzing the announcements. Click here to refresh this page for the latest. 12:57 Waiting for event to begin ... (Source: Yahoo Finance 2010-10-20T17:12:39Z)

Apple shows off iPad-inspired Mac laptop

CUPERTINO, California (Reuters) - Apple Inc CEO Steve Jobs unveiled the thinnest, lightest Mac laptop yet, fusing features from its popular iPhone and iPad with its traditional line of personal computers. Apple, whose computers have taken market share from ... (Source: MSN Money 2010-10-20T22:27:37Z)

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